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Top Australian Mining News

PM reveals rescue deal for power-hungry Tomago smelter

Anthony Albanese · Tomago

PM reveals rescue deal for power-hungry Tomago smelter

53% Left coverage: 15 sources

Tomago Aluminium, whose majority owner is mining giant Rio Tinto, has been locked in make-or-break negotiations with state and federal governments for months.See the Story

Fortescue Expands Into Copper by Buying Peru-Focused ...

Fortescue Expands Into Copper by Buying Peru-Focused ...

67% Right coverage: 3 sources

Andrew Forrest’s Fortescue will buy the rest of the shares it doesn’t already own in Peru-focused copper play Alta Copper in a cash deal that puts a $152 million price tag on the target.See the Story

Blackwater's big boost for Whitehaven's coal

Coal · Blackwater

Blackwater's big boost for Whitehaven's coal

Image: Vyacheslav Svetlichnyy/shutterstock.comA 90-plus per cent increase in recoverable coal reserves at the Blackwater Mine has strengthened Whitehaven Coal’s long-term production outlook, underpinned by an extensive drilling and modelling campaign across the Queensland operation. Whitehaven said Blackwater’s total recoverable reserves have risen from 191 million tonnes (Mt) to 365Mt, while total coal resources increased from 1817Mt to 1919Mt.…See the Story

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